Morgan Stanley launches Black recruitment program to boost trading unit's diversity
by Imani Moise

Reuters    Translate This Article
15 October 2020

On 15 October 2020 Reuters reported: Morgan Stanley is piloting a program to recruit Black talent in its sales and trading division, executives told Reuters, in corporate America's latest initiative to improve diversity after nationwide protests against racial inequality. ...Successful applicants will get a month of training before doing 10-week rotations on different trading desks, leading to a full-time job. ...Feedback on the program so far has been overwhelming, [Derek Melvin, a managing director who designed the program] said. Since advertising it at the end of September, his team has received over 700 applications. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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